Economy, Business And Markets

Average Age of Passenger Fleet Reduces by 22%

Average Age of Passenger Fleet Reduces by 22%Average Age of Passenger Fleet Reduces by 22%

The average age of Iran’s passenger wagons decreased by 22% to 28.5 years in the last fiscal (March 2017-18) from 36.9 years in the previous year, CEO of Raja Railway Transport Company, Mohammad Rajabi, said. Raja is affiliated to the Islamic Republic of Iran Railways and manages passenger trains. Rajabi noted that the company disposed of around 200 decrepit wagons last year, adding that the number of passenger wagons in Iran presently stands at 1,100, IRNA reported. “We plan to add 50 new passenger wagons to the fleet in the current year,” he said. Having signed multibillion dollar deals last year, Iran also inked contracts with China and Russia for the joint production of rolling stocks to further reduce the age of its rail fleet.


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